Global Zero Liquid Discharge (ZLD) Systems Market Grows Steadily at a CAGR of 5.62%

Introduction

Zero liquid discharge (ZLD) systems refer to the strategic wastewater treatment solutions used for processing industrial plant discharges to prevent the release of liquid effluents in the water bodies. They contain apparatus and instruments for reverse osmosis, crystallization, fractional electrodeionization (EDI), and ultrafiltration. For the recovery and recycling of water, ZLD systems use membrane-based, multiple effects, and crystallizer-based evaporation technologies.

Market Dynamics

Increasing Demand for Freshwater Drives the Global Market

The Zero Liquid Discharge System helps to prevent effluents from entering freshwater streams and can be used as a replacement resource to help meet the demand for freshwater resources. The use of wastewater treatment is growing due to the limited freshwater resources, which is expected to substantially impact the advancement of zero liquid discharge systems during the projection period. Any business nowadays must think about how to use less water and the rigorous regulations for wastewater treatment. Many industrial facilities have used zero-liquid discharge (ZLD) systems due to demanding permission requirements, numerous environmental regulations, and a scarcity of water resources.

Growing Demand in Power Generation Industry Creates Tremendous Opportunities

The power generation industry dominates the zero liquid discharge systems market. Power plant owners place a high priority on water management, and implementing ZLD can stop wastewater discharge. Zero liquid discharge is significant for the steam electric power sector because water discharge from coal-fired power plants is more complex and has a higher water demand. Around 70% of the total electricity generated in China comes from coal-fired power plants. Most of the thermal power plants in China are located in water-scarce regions. This conflict between energy demand and water deficit increases the demand for ZLD in China.

Regional Analysis

Asia-Pacific is the most significant shareholder in the global zero liquid discharge (ZLD) systems market and is expected to grow at a CAGR of 9.83% during the forecast period. China contributes significantly to the global chemical output as a significant producer of chemicals. The demand for zero liquid discharge systems from this industry is predicted to rise throughout the forecast period due to the increasing demand for various chemicals on a global basis. One of the largest GDPs in the Asia-Pacific is that of India. India is one of the world's emerging economies. Nearly all end-user sectors have been expanding due to the country's growing population, rising living standards, and rising per capita income. ArcelorMittal Nippon Steel India (AM/NS India) declared in April 2022 that it would be constructing cutting-edge steel processing facilities in Hazira, Gujarat, as part of its INR 8,500 crore downstream development plan to produce value-added products, which is anticipated to be completed in 2024. The chemical industry is Japan's second-largest industrial sector after transportation machinery. The most well-known industry in Japan is the automotive sector, which relies heavily on the chemical sector for its raw materials.

Europe is expected to grow at a CAGR of 7.29%, generating USD 1,626.86 million during the forecast period. Over 70% of Europe's chemical exports originate from Germany, a significant chemical producer in the area. Atlanta, BASF, Bayer, Henkel, Evonik, Covestro, Merck, Lanxess, Freudenberg, Wacker, and Bayer are the major players in the German chemicals sector. According to the World Nuclear Association, France generates over 70% of its electricity from nuclear energy, thanks to a long-standing policy centered on energy security. By 2035, the country wants to reduce its reliance on nuclear energy by 50%. The government plans to entirely coal all coal-fired power plants by 2022. Long-term market changes favoring renewable energy sources are predicted to have an impact. However, the expansion of nuclear power is anticipated to be the market's primary driver during the forecast. Mineral resources like uranium, bauxite, and iron ore are abundant in France.

The chemical sector in the United States has been developing due to expansion in critical end-user markets, raising the demand for chemicals. Since Thunder Horse South is one of the largest oil fields in the Gulf of Mexico, Phase 2 of the expansion project will help the market even more. Additionally, the country's mining industry has lately been found to invest in research and innovation, where it has been working to create an undiscovered mineral and its commercial application, which may offer opportunities for expansion of mining operations in the nation in the years to come. The country's steel output is anticipated to increase during the projected period as part of Canada's goal to achieve net zero. One of the country's leading industries is mining and metallurgy. More than 60 metals and minerals are exported from Canada to other countries. While concerns about environmental and social responsibilities have existed, the mining industry has invested in new ideas and technologies that have quickly transformed the industry. Consolidations in that sector have also raised questions about the mining sector's potential for future growth.

Key Highlights

• The global zero liquid discharge (ZLD) systems market was valued at USD 5958.19 million in 2021. It is projected to reach USD 4,853.58 million by 2030, growing at a CAGR of 5.62% during the forecast period (2022-2030).
• Based on technology, the global zero liquid discharge (ZLD) systems market is bifurcated into thermal-based and membrane-based. The thermal-based segment owns the highest market share and is expected to grow at a CAGR of 7.92% during the forecast period.
• Based on the end-user industry, the global zero liquid discharge (ZLD) systems market is bifurcated into power, oil and gas, metallurgy and mining, chemicals and petrochemicals, pharmaceutical, and other end-user industries. The power segment is the highest contributor to the market and is expected to grow at a CAGR of 9.15% during the forecast period.
• Asia-Pacific is the most significant shareholder in the global zero liquid discharge (ZLD) systems market and is expected to grow at a CAGR of 9.83% during the forecast period.

Competitive Players

Competitive Players

The global zero liquid discharge (ZLD) systems market’s major key players are ALFA LAVAL, Aquarion Ag, Aquatech International LLC, Evoqua Water Technologies LLC, GEA Group Aktiengesellschaft, H2O GmbH, IDE Water Technologies, Mitsubishi Power Ltd, Praj Industries, SafBon Water Technology, Saltworks Technologies Inc., SUEZ, Thermax Limited, Toshiba, and Veolia Water Technologies Inc.

Recent Developments

Market News

• In February 2022, Veolia announced the completion of the sale of the New Suez to the consortium of investors composed of Meridiam, GIP, CDC Group, and CNP Assurances for an unchanged enterprise value.
• In September 2022, Evoqua Water Technologies (NYSE: AQUA), an industry leader in mission-critical water treatment solutions, announced that it acquired privately-held EPICOR, Inc., a leading manufacturer of high-quality powdered ion exchange resins and resin/fiber mixtures for the power industry.

Segmentation

Global Zero Liquid Discharge (ZLD) Systems Market: Segmentation

By Technology

• Thermal-based
• Membrane-based

By End-User Industry

• Power
• Oil and Gas
• Metallurgy and Mining
• Chemicals and Petrochemicals
• Pharmaceutical
• Other End-user Industries

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA